Public participation, investment networks, and China's outward FDI: Evidence from 58 countries along the belt and road

被引:13
|
作者
Li, Dongkun [1 ]
Chen, Xiaohong [2 ]
Wohlfarth, Paul [3 ]
机构
[1] Southwest Jiaotong Univ, Sch Publ Adm, Chengdu, Peoples R China
[2] Shandong Univ Finance & Econ, Sch Finance, Jinan, Peoples R China
[3] Solbridge Int Sch Business, Daejeon, South Korea
关键词
Public participation; Investment networks; OFDI; Belt and road; FOREIGN; SPECIFICATION; EMBEDDEDNESS; ECONOMY;
D O I
10.1016/j.ememar.2022.100887
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We estimate the effect of public participation in host countries on Chinese outward FDI (OFDI) for a panel of 58 countries along the Belt and Road from 2004 to 2019 in a Heckman selection model. Our model captures effects along both, extensive and intensive margins. We find that public participation, and the differences between public participation in home and host countries, significantly affect Chinese OFDI. Effects are sensitive to the presence of access to local investment networks and change after the introduction of the Belt and Road Initiative.
引用
收藏
页数:14
相关论文
共 50 条
  • [41] Study on Measurement of China's Green Investment Efficiency Along "The Belt and Road"
    Huang, Sen
    Chen, Yu
    Guo, Xiaoming
    [J]. BASIC & CLINICAL PHARMACOLOGY & TOXICOLOGY, 2020, 126 : 337 - 338
  • [42] Research on Tax Risk and Related Strategies of China's Outward FDI under the "Belt and Road" Strategy
    Li, Tianli
    [J]. 2019 INTERNATIONAL CONFERENCE ON ECONOMIC MANAGEMENT AND MODEL ENGINEERING (ICEMME 2019), 2019, : 624 - 627
  • [43] Effects of foreign direct investment on carbon emissions: Evidence from China and its Belt and Road countries
    Mahadevan, Renuka
    Sun, Yanyan
    [J]. JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2020, 276
  • [44] Spatial outward FDI: Evidence from China's multinational firms
    Xie, Yiqing
    Yu, Xiaobo
    Yu, Zhihong
    Zhou, Yu
    [J]. REVIEW OF INTERNATIONAL ECONOMICS, 2024, 32 (02) : 574 - 603
  • [45] Comparative Study on Food Safety of China's Imported from Developed Countries and Countries along the Belt and Road
    Li D.
    Zang M.
    Sun X.
    Li X.
    Zhang K.
    Zhang Z.
    [J]. Science and Technology of Food Industry, 2023, 44 (24) : 229 - 239
  • [46] IMPACT OF CHINA'S OFDI ON ENVIRONMENTAL EFFICIENCY OF COUNTRIES ALONG THE "BELT AND ROAD"
    Niu, Xiumin
    [J]. JOURNAL OF ENVIRONMENTAL PROTECTION AND ECOLOGY, 2022, 23 (02): : 882 - 889
  • [47] The Carbon Emissions Effect of China's OFDI on Countries along the "Belt and Road"
    Ge, Guangyu
    Tang, Yu
    Zhang, Qian
    Li, Zhijiang
    Cheng, Xiejun
    Tang, Decai
    Boamah, Valentina
    [J]. SUSTAINABILITY, 2022, 14 (20)
  • [48] The effect of China's outward foreign direct investment on carbon intensity of Belt and Road Initiative countries: A double-edged sword
    Wang, Mengjiao
    Liu, Jianxu
    Rahman, Sanzidur
    Sun, Xiaoqi
    Sriboonchitta, Songsak
    [J]. ECONOMIC ANALYSIS AND POLICY, 2023, 77 : 792 - 808
  • [49] Impact of china?s outward fdi on sub-saharan africa?s industrialization: Evidence from 26 countries
    Megbowon, Ebenezer
    Mlambo, Courage
    Adekunle, Babatunde
    [J]. COGENT ECONOMICS & FINANCE, 2019, 7 (01):
  • [50] China's One Belt and One Road Initiative and Outward Chinese Foreign Direct Investment in Europe
    Ma, Degong
    Lei, Chun
    Ullah, Farid
    Ullah, Raza
    Baloch, Qadar Bakhsh
    [J]. SUSTAINABILITY, 2019, 11 (24)